Before non farm trading, Coinbase BTC saw a situation of "no increase in transactions" in large buying orders

According to PRO data, in recent BTC main transactions exceeding $5 million on Coinbase, sellers have continued to dominate: -On August 6th at 01:37, the main force sold 11.02 million US dollars at a limit price of $64550; -On August 7th at 03:58644, a market price buy order was entered, actively digesting a limit sell order of 5.97 million US dollars; At 05:27, there was another $5.78 million market price sell order. After actively buying, BTC failed to rise and instead fell below $64300, indicating that buying is being absorbed by sellers. At 20:30 tonight, the US Bureau of Labor will release non farm payroll data for July, with an expected increase in employment of about 80000 to 85000 people and an unemployment rate of 4.2%. Short term focus on $64550: -If the main market price buy appears and pushes the price back, the buyer will regain pricing power; -If the main force continues to buy but the price does not rise, the selling pressure has not been relieved. PRO "Main Large Order Tracking" looks at the acceptance or price reduction of limit funds, and "Large Transactions" looks at how market funds attack. Take a look at both together to determine whether the buyer has successfully obtained pricing power. The data is for reference only and does not constitute investment advice.